Anand Projects Ltd — Capital/Financing Update 2024

Feb 14, 2024

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Regd. Office: 304, Ajadpura, Lalitpur-284403 (U.P) Tel: +91-9891067472 E-mail: companysecretary@anandprojects.com | Website: www.anandprojects.com

To, February 14[th] , 2024 Corporate Relation Department Bombay Stock Exchange Limited Phiroze Jeejeebhoy Towers Dalal Street, Mumbai 400 001

BSE Scrip Code: 501630

Dear Sir/Madam,

Subject: Intimation under Regulation 30 of SEBI (Listing Obligations & Disclosure Requirement) Regulations, 2015- Divestment in the undertakings by the Company

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that the Board of Directors of the Company at their meeting held on February 14[th] , 2024 have approved and executed the requisite agreement(s) to sale of its investments held in the form of Zero Percent Optionally Convertible Debenture (ZOCD) in the Companies mentioned as below:-

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Sr. Name of the Company in which we No. of Total Face Value for
No. hold ZOCDs ZOCDs Value in Rs. consideration
in Rs.
1. Ojas Industries Private Limited 4,53,24,900 100/- 392,06,03,850
2. Lambodar Stocks Private Limited 1,07,73,638 100/- 107,73,63,800
3. Abhitech Developers Private Limited 59,35,000 100/- 59,35,00,000
4. Phenil Sugars Limited 49,06,100 100/- 49,06,10,000
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The above mentioned transaction has been approved by the Audit Committee and Board of Directors of the Company in accordance with Section 177, Section 180 & other applicable provisions of Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The details as required under SEBI Listing Regulations, read with SEBI Circular No. CIR/CFD/CMD/4/ 2015 dated 9th September, 2015, for the said divestment is enclosed herewith as Annexure “A” .

Kindly take the same on your records.

Yours faithfully, For and on behalf of Anand Projects Limited

NEERAJ Digitally signed by NEERAJ KHARI KHARI Date: 2024.02.14 22:03:03 +05'30' Neeraj Khari (Company Secretary & Compliance Officer) M.No: A63204 Encl.: a/a

Noida office: SF001 & 035, 2[nd] Floor, Ansal Fortune Arcade, Sector-18, Noida, Distt. Gautam Budh Nagar (U.P) Tel.: +91-120-2511389 Corporate Identification Number: L40109UP1936PLC048200

Regd. Office: 304, Ajadpura, Lalitpur-284403 (U.P) Tel: +91-9891067472 E-mail: companysecretary@anandprojects.com | Website: www.anandprojects.com

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Annexure “A”

Details under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Regulations, 2015
Details of Events	Particulars
The amount and percentage of the turnover or revenue or income and net worth contributed by such unit or division of the listed entity during the last financial year.	There is no contribution in terms of turnover or net worth in the consolidated turnover or net worth of the Company for the year ended March 31, 2023.
Date on which the agreement for sale has been entered into.	February 14th, 2024.
The expected date sale/ disposal.	The transaction is expected to be completed on or before March 31st, 2024.
Consideration sale/ disposal.	NIL
Brief details of buyers and whether any of the buyers belong to the promoter/ promoter group/group companies. If yes, details thereof.	M/s Anand Engineering Limited (CIN: U45201DL2006PLC223222) having registered Office at 33, 2ndFloor, Pratap Nagar, Mayur Vihar Phase-1, Delhi-110091. The buyer does not belong to Promoter /Promoter group/ group companies.
Whether the transaction would fall within related party transactions? If yes, whether the same is done at "arm’s length".	No, the proposed transaction would not fall with in related party transaction.
whether the sale, lease or disposal of the undertaking is outside Scheme of Arrangement? If yes, details of the same including compliance with regulation 37A of LODR Regulations.	Yes. The Company has already obtained prior approval of its members in their Extra-Ordinary General Meeting held on January 17th, 2024.

NEERAJ Digitally signed by NEERAJ KHARI KHARI Date: 2024.02.14 22:04:03 +05'30'

Noida office: SF001 & 035, 2[nd] Floor, Ansal Fortune Arcade, Sector-18, Noida, Distt. Gautam Budh Nagar (U.P) Tel.: +91-120-2511389 Corporate Identification Number: L40109UP1936PLC048200